Investors and rental owners

Congratulations!

Please review the links provided below to assist you with income and expenses incurred as a co-owner of a rental property, as well as how to enter these amounts in TurboTax.

TurboTax Blogs & FAQ below:

• Owning a Rental Property With a Spouse (says spouse but still relates to co-ownership)
• Rental Property Expenses: Current or Capital?
• Rental Property FAQ: Common Deductible Expenses
• How do I enter my rental income and expenses in TurboTax?

And from the CRA:

• Rental Income
• Capital cost allowance (CCA) for rental property

Footnote: You have indicated that you are using TurboTax Live Review & Assist – please refer to the link provided below to contact our team of experts if needed: 

• I'm using TurboTax Live Assist & Review. How do I talk to a tax expert?